This helps guide the conversation with the broker and ensures they have clear framework to operate.Lastly, no amount of underwriting, due diligence and/or talking on the phone is going to overcome physically touring properties.

Super clear, gives the whole thought framework as well as practical side of the actual investing.  

Not me.I have a framework.That framework "tries to" balance out a comfortable life vs. being just a toiling slave to a goal.But I will say this, I do enjoy most everything real estate.For instance if I'm sitting in the hot tub listning to music (or posting in here) and a call comes through saying a roof blew off, some people would consider that a huge hassle.But I don't look at it that way.

And that is (I believe) the framework of our Constitutional Republic.

My goal is to have the idea and framework by January 1, then line up interviews with 20 guests and then launch the podcast by March or April 1.

The way the conversation began had a somewhat judgmental framework so it’s no surprise the post took such a turn, but in taking a step back, it’s all the same message — we can’t buy everything we want all the time, so we make choices.

Licensed  agents are reaching out hoping to get involved with investors or invest themselves , more and more states are cracking down on the legalities of the wholesaling framework,there is a general disgust and distrust of wholesalers as a whole .

Thinking Fast and Slow by Daniel Kahneman, Behave by Robert Sapolsky, and The Happiness Hypothesis by John Haidt were all books that changed my framework for understanding the world.

The Federal and States leaders are exercising their legal rights to limit certain social activities to try to contain a GLOBAL PANDEMIC.Morally and Leagaly we (you,I and everyone else) owe it to our fellow citizens to follow the social guidelines put on us by our legally elected leaders.You may want to refer to the 3 Documents which framed the Moral and Legal framework of the United States:Magana Carta (Established the Moral Obligations of the Leader of the Colonies in America)Declaration of the United States (The Consequences of and Reasons England lost it's Moral Right to govern th colonies)Constitution (Which codifies the Moral Rights into a framework for Laws in the United States)So No you nor I do NOT have the Moral or Legal right to "pick and choose" what is "right or wrong"In your posts you keep asserting that your "right" to be stupid and possibly infecting other during a GLOBAL PANDEMIC is equivalent to someone following the legal social restrictions meant to keep everyone including you as safe as possible.In a Global Pandemic we are ALL in the same boat and the sooner that WE close the infection rate AND develop a Vaccination, the sooner we will be able to ALL get back to work.

In the series, I also actually found the Cashflow Quadrant (the second installment I believe) to be more useful than the first book.As for specific suggestions, I think newbies need to learn to analyze all of the REI profit centers, and compare the projected returns against the risk you are taking and the time and effort you are putting in to achieve those returns ... that is far trickier to do than just come up with a CoC return from an online calculator, but it is essential IMO if you want to succeed over the long term in the REI business (and yes, it is starting a business, just like starting any other business).To review, the profit centers of REI are:1)Cash flow (which changes over time, so don't assume year 10 will look like day 1)2)Appreciation (both forced and market)3)Mortgage Pay Down (through loan amortization)4)Tax savingsThe best way IMO to combine all of these into a single analytical framework is to project the financials from purchase to sale (or cash out refinance) and compute the IRR.